Whether the market is stocks or gold or goats, it's never a good sign when the market advances sharply one day, then gives it all back the next. As stocks yesterday, so gold and silver today.

Gold backed off $4.30 (0.34%) to close Comex at $1,270.30. Silver backslid 21.5¢ (1.24%) to 1708.7¢.

To remain trending upward, gold needs to hold on around here, because it is above the 20 DMA ($1,263). Today leaves me anticipating another drop from Gold. Presently the lower range boundary is roughly $1,250, & it could easily slip to that.

Silver lost virtually all of yesterday's gains, and lodged at this 1700¢-ish level we've seen so often. If silver breaks 1690¢ (really 1700¢), the blood will attack packs of sharks, and could drive it down to 1640¢.

Don't throw your beer mugs at my head. I'm not running the train, I'm just a messenger boy trying to figure out the schedule.

Did you ever look in the mirror in the head on that deep sea fishing boat everybody though it would be such fun to take, and see a very green-skinned person looking back at you? That's how puking sick stocks look.

Dow managed to end 9.38 (0.05%) higher at 17,720.50, but only after spending much of the day underwater. Other indices all closed lower, like the S&P500, which dropped 0.35 (0.2%) to 2,064.11. No, no, those aren't BIG drops, but they have that hovering quality of a baseball at the top of its thrown arc, one micro-moment before turning down.

US dollar index bounced back today, regaining 33 basis points (0.35%) of the 48 it lost yesterday and ending at 94.12. Look, http://schrts.co/OkJ5UT

This answereth no questions, solveth no riddles, disposeth no controversy. Dollar index has merely climbed to the top boundary of its falling downtrend. Yes, it's also above its 20 DMA (94.02). Without a close above 94.33 (last high), dollar index is merely wheel-spinning.

Have to drive over to Chattanooga tonight to have my foot checked after surgery last Friday. Still not hurting, thank God. I will try to get back in time to send y'all a commentary tomorrow.

Do NOT use these commentaries to trade futures contracts. I don't intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures.

NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps.

NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced.

NOR do I recommend buying gold and silver on margin or with debt.

What DO I recommend? Physical gold and silver coins and bars in your own hands.